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newsApr 29, 20261:38

Iran-US Talks Stuck, Europe Feels War's Economic Burn

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Tensions rise as US-Iran talks stall, Europe feels economic strain; Pakistan mediates, Iran executes protesters; UN reports on nuclear sites, Pakistan hosts ceasefire talks; Defense Secretary faces Congress on war costs and budget.

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Iran-US Talks Stuck, Europe Feels War's Economic Burn

Canada News Today | 2 Min News | The Daily News Now!

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Canada News Today | 2 Min News | The Daily News Now!Iran-US Talks Stuck, Europe Feels War's Economic Burn. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Talks between the United States and Iran, to end their war, are stuck in neutral right now, even after President Trump posted that Iran told him, there, basically, collapsing. He blasted them on true social for dragging their feet on a non-nuclear deal, warning they better wise up quick. Europe's spilling the burn hard, with the European Commission saying the conflict and straight-of-war moves issues are draining almost 500 million. It grows, or about $600 million a day. Pump prices are spiking, and jet fuel shortages loom. Pakistan's oil import bill jumped from $300 million to $800 million weekly, forcing energy cuts. Leaders are speaking out too. Germany's mirrors called for quick resolution to ease the pain, while Iran's executed at least 21 people, since the February 28th war start, mostly tied to protests or opposition. Lebanese soldier and his brother, got killed in an Israeli strike, pushing the army death toll to 20 since early March.

On the nuclear front, the UN Atomic Agency figures most of Iran's highly enriched uranium is still at the Isfahan site, hit in past strikes, but, hanging on. Pakistan's pushing mediation, hosting talks that led to the shaky ceasefire still holding. With the blockade squeezing Iran's economy, the rile crashing to $1.8 million per dollar. And Secretary Hegseth faces Congress tomorrow. On war costs, and that massive $1.5 trillion budget, as tensions simmer under the surface, stay informed with Canada News today. AI-powered updates. I'm Corey with The Story.

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